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Earnings are reported per share so stock buybacks are actually a pretty common way to make earnings look better. Of course, it doesn't change the total earnings
by ucha 10y ago
Earnings are reported per share so stock buybacks are actually a pretty common way to make earnings look better. Of course, it doesn't change the total earnings but the number reported by techcrunch would indeed change.
- jonknee 10y agoThe analysts making EPS estimates know about the buybacks too and increase the EPS to compensate.